Sava Infond d.o.o. Invests $3.93 Million in Guidewire Software, Inc. (NYSE:GWRE)

Sava Infond d.o.o. bought a new position in shares of Guidewire Software, Inc. (NYSE:GWRE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 23,300 shares of the technology company’s stock, valued at approximately $3,928,000.

A number of other large investors have also recently bought and sold shares of the company. Atomi Financial Group Inc. raised its stake in shares of Guidewire Software by 22.2% during the 4th quarter. Atomi Financial Group Inc. now owns 2,688 shares of the technology company’s stock valued at $453,000 after buying an additional 488 shares during the last quarter. Donoghue Forlines LLC acquired a new stake in Guidewire Software during the fourth quarter worth about $2,110,000. GDS Wealth Management raised its position in Guidewire Software by 618.5% during the fourth quarter. GDS Wealth Management now owns 18,752 shares of the technology company’s stock valued at $3,161,000 after acquiring an additional 16,142 shares in the last quarter. Whale Rock Capital Management LLC lifted its holdings in Guidewire Software by 3.3% in the third quarter. Whale Rock Capital Management LLC now owns 972,743 shares of the technology company’s stock valued at $177,954,000 after acquiring an additional 31,512 shares during the period. Finally, Banco Santander S.A. purchased a new stake in Guidewire Software in the 4th quarter worth approximately $427,000.

Insider Transactions at Guidewire Software

In other Guidewire Software news, insider James Winston King sold 270 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total value of $47,190.60. Following the completion of the sale, the insider now directly owns 45,664 shares in the company, valued at $7,981,153.92. This represents a 0.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, March 24th. The stock was sold at an average price of $195.15, for a total value of $273,210.00. Following the transaction, the chief executive officer now owns 261,393 shares in the company, valued at approximately $51,010,843.95. This represents a 0.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 37,180 shares of company stock valued at $7,159,763. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GWRE. Robert W. Baird lifted their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Guidewire Software in a report on Friday, March 7th. DA Davidson reiterated a “buy” rating and issued a $210.00 price objective on shares of Guidewire Software in a research report on Wednesday, December 4th. JMP Securities restated a “market outperform” rating and set a $231.00 target price on shares of Guidewire Software in a research report on Friday, December 6th. Finally, Royal Bank of Canada lifted their price target on Guidewire Software from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $206.08.

Guidewire Software Price Performance

Shares of Guidewire Software stock opened at $193.58 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The business has a 50 day simple moving average of $198.95 and a two-hundred day simple moving average of $188.37. The stock has a market capitalization of $16.24 billion, a P/E ratio of 537.72, a PEG ratio of 37.21 and a beta of 1.31. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month high of $219.59.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.44). Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. The firm had revenue of $289.48 million during the quarter, compared to analyst estimates of $285.74 million. As a group, analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.